16 South Terrace, Pooraka SA 5095

Oodles of Opportunity!

This beautiful solid brick bungalow is a true testament to old-world charm. Set upon a massive 1590sqm (approx.) flat block, this home will appeal to a family looking for land and/or an unmissable opportunity to a savvy investor.

Built in the 1930s, the home is comprised of sophisticated features that are characteristic of the era, including elegant hardwood floors and 3-metre-high ceilings.
There are three generously sized bedrooms under main roof – which are complimented by the addition of a granny flat (or fourth bedroom) in the backyard – making the home suited to families of various sizes!

Step outside into the expansive back yard, where you'll find a host of well-established fruit trees, including lemon, orange, peach, and loquat trees, as well as several lawned areas and ample additional outside storage.

With a highly desirable combination of location and land – this represents an unmissable opportunity; close to quality schools and shopping precincts, including the Gepps Cross Homemaker Centre, Pooraka Primary School, and Roma Mitchell Secondary College.

PROPERTY HIGHLIGHTS:
• Three generous bedrooms under main roof, all with ceiling fans
• Fourth bedroom / teenagers retreat with running water and split system heating/cooling
• Bedroom two with wall length built in wardrobe
• Three metre high ceilings and polished hardwood floors
• “Crimsafe” screens installed on front and back doors for peace of mind
• Roller shutters on all external windows for added privacy
• Economical ducted evaporative air-conditioning and gas heating
• Updated main bathroom, plus second separate toilet
• Solid brick construction built in 1930 on 1590sqm (approx.) flat block
• Enormous block with established gardens and numerous fruit trees
• NBN provision and 2 water tanks
• Desirable location – close to schools, shopping, and cafes/restaurants
• Gas hot water system (installed circa 2019)
• Single car powered garage, plus room for additional vehicles on site
• Estimated rental yield of $400 - $450 per week
• Huge development potential (STCC)

SPECIFICATIONS:
CT - 2224/91
Council - Salisbury
Zoning - GN - General Neighbourhood
Built - 1930
Council Rates - $1,788.45/annum
Water Rates - $152.73/quarter
ESL - $92.45/annum